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MLV & Co Sees Better Operating Expenses As Value Driver For Gulfport Energy

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In a report published Thursday, MLV & Co analyst Chad Mabry reiterated a Hold rating on Gulfport Energy Corporation (NASDAQ: GPOR).

In the report, MLV & Co noted, “We're becoming more constructive on GPOR and see the stock trading toward our $59 NAV to the extent it continues to regain investor confidence by beating guidance targets. But while the company is advantaged by a top-tier acreage position in the Utica and a strong balance sheet, it is not immune to pricing pressures in the play and will need to address liquidity into 2015. We are maintaining our Hold rating as we see better ways to gain exposure to the Utica at these levels.”

Gulfport Energy closed on Wednesday at $48.54.

Latest Ratings for GPOR

DateFirmActionFromTo
Oct 2019MaintainsUnderweight
Sep 2019MaintainsMarket Perform
Jul 2019DowngradesBuyHold

View More Analyst Ratings for GPOR
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Posted-In: Chad Mabry MLV & CoAnalyst Color Reiteration Analyst Ratings

 

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